{"id":86722,"date":"2023-12-07T00:09:14","date_gmt":"2023-12-07T05:09:14","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86722"},"modified":"2023-12-06T23:08:30","modified_gmt":"2023-12-07T04:08:30","slug":"wall-street-ceos-try-to-convince-senators-that-new-capital-rules-will-hurt-americans-as-well-as-banks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2023\/wall-street-ceos-try-to-convince-senators-that-new-capital-rules-will-hurt-americans-as-well-as-banks.html","title":{"rendered":"Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks"},"content":{"rendered":"\n<p>(CNBC) Wall Street CEOs on Wednesday pushed back against proposed <a href=\"https:\/\/www.cnbc.com\/2023\/07\/27\/regulators-sweeping-capital-rules-changes-big-banks.html\">regulations<\/a> aimed at raising the levels of capital they\u2019ll need to hold against future risks. In prepared remarks and responses to lawmakers\u2019 questions during an annual Senate <a rel=\"noreferrer noopener\" href=\"https:\/\/www.banking.senate.gov\/hearings\/11\/29\/2023\/annual-oversight-of-wall-street-firms\" target=\"_blank\">oversight hearing<\/a>, the CEOs of eight banks sought to raise alarms over the impact of the changes. In July, U.S. regulators unveiled a sweeping set of higher <a href=\"https:\/\/www.cnbc.com\/2023\/07\/27\/regulators-sweeping-capital-rules-changes-big-banks.html\">standards<\/a> governing banks known as the Basel 3 endgame. \u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/12\/06\/wall-street-ceos-say-basel-3-endgame-rules-will-hurt-americans.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they\u2019ll need to hold against future risks. In prepared remarks and responses to lawmakers\u2019 questions during an annual Senate oversight hearing, the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86722","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86722"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86722\/revisions"}],"predecessor-version":[{"id":86723,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86722\/revisions\/86723"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}